Reporting a 10% increase in US dollar revenues from FY20, this follows an extensive period of investment and focus on priority services addressing the challenges faced by businesses across the globe.

There was strong growth across service lines with advisory growing at 17%, audit at 4% and tax and legal services at 8%.

The audit service line achieved total revenues of $11.46bn across all KPMG firms globally in FY21, representing a 4% increase in annual fees.